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CCH and AXENTIS Align to Increase Audit Management Efficiency for Customers with New CCH TeamMate® Capability

AXENTIS Enterprise® and CCH TeamMate Announce Product Integration to Help Streamline GRC Efforts

(RIVERWOODS, ILL. AND CLEVELAND, OHIO, October 14, 2008) – CCH TeamMate® and AXENTIS today announced enhanced capabilities to the AXENTIS Enterprise® (Ae), Audit Tool Integrator for CCH TeamMate. A joint effort between the premier audit management system and a leading provider of enterprise-wide governance, risk management and compliance (GRC) solutions, this enhanced capability will empower auditors using the award-winning CCH TeamMate system to execute and manage audit risk and compliance through integration with AXENTIS.

“Working with AXENTIS to enhance the CCH Teammate solution gives our customers a competitive edge,” said Mike Gowell, vice president and general manager of CCH TeamMate. “AXENTIS offers a scalable compliance management tool, which is very important to many of our joint customers. An audit management tool is only one piece of the puzzle, and having integration with a scalable tool that can track and manage compliance at the same time will benefit our CCH TeamMate customers greatly.”

CCH TeamMate, utilized in conjunction with AXENTIS Enterprise, enables organizations to increase the productivity of audit processes by providing the following support features:

  • Risk assessment;
  • Scheduling and planning execution;
  • Report generation;
  • Trend analysis;
  • Committee reporting and storage; and
  • Importing TeamMate work papers directly into AXENTIS Enterprise.

AXENTIS Enterprise is used by large organizations to manage auditing, monitoring and risk management initiatives related to Sarbanes-Oxley, supply chain risk, legal and regulatory risk, privacy and security risk as well as other governance, risk and compliance programs.

“This enhancement supports AXENTIS’ ongoing mission to help heavily regulated Global 2000 customers establish a robust technology platform to manage enterprise-wide GRC programs,” said Brett Curran, vice president of GRC and Regulatory Practices at AXENTIS. “While Axentis is well-equipped to handle most risk and compliance audit activities, our partnership and integration with CCH TeamMate provides customers with the best in class GRC application integrated with the best in class audit and audit management application.”

AXENTIS’ solutions include policy management; online learning; survey management; incident and issue management; risk and control management; and the timely assessment and dissemination of regulatory content, which collectively empower organizations to assess and to manage internal or external operational and behavioral risk.

About AXENTIS

AXENTIS is a leading provider of Governance, Risk and Compliance Management (GRC) software delivered via a Software-as-a-Service (SaaS) model. AXENTIS serves the most highly regulated industries, including life sciences, healthcare, financial services, manufacturing, and energy. Global organizations utilize AXENTIS Enterprise to design, implement, measure and manage both internal and external risks across multiple legal and regulatory mandates consistently; and communicate real-world, actionable information on new or changing compliance processes to every employee, contractor and vendor in the supply chain. AXENTIS empowers its customers to conform to established federal government standards for an effective compliance program. For more information, please visit http://www.AXENTIS.com.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Office, CCH® TeamMate, CorpSystem®, CCH® Tax Research NetWork™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Wolters Kluwer is a leading global information services and publishing company. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. For more information, visit www.wolterskluwer.com.

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